Niceville Track Club

Analysis

Niceville Track Club is a registered charity in United States, based in Niceville, FL. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Niceville Track Club reported income of $62k and spending of $75k, spending 122% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $59k to $62k (+4.1%), an average of +4.1% a year. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Niceville Track Club sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Barlow Baseball Inc ($62k), Minnesota Baseball Club ($62k) and Lynvet Football & Cheerleading Association Inc ($62k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.